MAHAGENCO Recruitment 2026: Apply Online for 21 Manager and General Manager Positions
Pune, Maharashtra – The Maharashtra State Power Generation Company Limited (MAHAGENCO) has officially announced a significant recruitment drive for experienced professionals in the finance and accounts sector. The organization, a crucial entity in Maharashtra's power landscape, has released Advertisement No. 03/2026 for a total of 21 posts, encompassing high-level positions such as Manager and General Manager.
This **MAHAGENCO Recruitment 2026** initiative aims to strengthen the company’s financial leadership and operational management. The application process is entirely online, making it accessible for candidates from across the country who meet the specialized eligibility criteria. This recruitment specifically targets individuals with qualifications in chartered accountancy, cost and management accountancy, and finance management, highlighting the specialized nature of the roles available.
As per the details available on the official notification and sources like Sarkari Result All, the recruitment campaign is set to fill critical vacancies at various managerial levels. Aspiring candidates are advised to prepare thoroughly for the online application process, ensuring all required documents and details are ready for submission before the specified deadlines. The recruitment drive for these **Manager** and **General Manager** roles is expected to attract top talent, given the strategic importance of MAHAGENCO within the state and national power sector.
The **Maharashtra State Power Generation Company Limited (MAHAGENCO)** plays a vital role in ensuring uninterrupted power supply across Maharashtra. The company operates a vast network of thermal, hydro, and renewable power plants. The finance and accounts department is central to MAHAGENCO's operations, managing budgets, investments, and financial reporting. Therefore, these **21 posts** are critical to maintaining the company's fiscal health and operational efficiency.
Key Highlights of MAHAGENCO Recruitment 2026
The **MAHAGENCO Manager Recruitment 2026** drive focuses on candidates with specialized qualifications required for finance and accounts functions. The recruitment specifically targets highly experienced individuals capable of handling complex financial planning, analysis, and statutory compliance within a large public sector undertaking (PSU). The selection process for these high-level **General Manager** and **Manager** positions typically involves rigorous evaluation methods, including shortlisting based on experience and subsequent personal interviews.
Candidates interested in applying for these prestigious positions must carefully review the eligibility criteria, application process, and important dates. This recruitment offers a valuable opportunity to join one of India’s leading state-owned power generation companies at a senior management level.
Important Dates for Application Submission
The **MAHAGENCO Recruitment 2026 online application process** has commenced. Candidates should pay close attention to the application start and end dates to avoid missing the deadline. It is strongly recommended to complete the online application well in advance of the closing date to prevent any last-minute technical issues.
| Event | Date |
|---|---|
| Application Start Date | 21 February 2026 |
| Application Last Date | Not Available (To be announced shortly) |
| Last Date for Fee Payment | Not Available (To be announced shortly) |
| Exam Date / Interview Schedule | Not Available (To be announced after application submission) |
While the exact closing date for applications is currently pending a detailed official announcement from MAHAGENCO, candidates are strongly advised to initiate the application procedure as soon as possible. The official notification and application links are available on the dedicated recruitment portal of MAHAGENCO and on websites like Sarkari Result All.
Vacancy Details: Breakdown of MAHAGENCO Posts
The **MAHAGENCO vacancy 2026** advertisement specifies a total of **21 posts** for various managerial levels within the finance and accounts (F&A) department. The exact distribution of posts among different grades (e.g., General Manager, Senior Manager, Manager) may vary based on specific departmental requirements. The recruitment aims to strengthen the F&A hierarchy within the organization.
| Post Name | Total Posts | Department |
|---|---|---|
| General Manager (F&A) | Not Available (Specifics to be announced) | Finance and Accounts |
| Manager (F&A) | Not Available (Specifics to be announced) | Finance and Accounts |
| Other F&A Posts (Various Grades) | Not Available (Specifics to be announced) | Finance and Accounts |
| Total Vacancies | 21 Posts | - |
The specific grade-wise allocation and required years of experience for each position will be detailed in the comprehensive official notification. Candidates are encouraged to carefully review the complete job description to ensure they meet the specific requirements for their desired position.
Eligibility Criteria for MAHAGENCO F&A Positions
To be eligible for the **MAHAGENCO Recruitment 2026**, candidates must fulfill the prescribed educational qualifications and age limits set by the company. The roles in finance and accounts require a strong educational background combined with relevant professional experience.
Educational Qualification:
The educational requirements for the **MAHAGENCO Manager Recruitment** are highly specific and focus on financial expertise. Candidates must possess one of the following qualifications from a recognized institution or professional body:
- CA (Chartered Accountant): Candidates must have successfully completed the Chartered Accountancy course from the Institute of Chartered Accountants of India (ICAI).
- ICWA / CMA (Cost and Works Accountant / Cost and Management Accountant): Candidates must have qualified as a Cost and Management Accountant from the Institute of Cost Accountants of India (ICMAI).
- MBA (Finance): Candidates must hold a Master of Business Administration degree with a specialization in Finance from a recognized university.
- M.Com (Master of Commerce): Candidates must possess a Master of Commerce degree from a recognized university.
Experience Requirements:
These positions are primarily for experienced professionals rather than fresh graduates. The specific number of years of experience required will vary depending on the post applied for (e.g., more experience for **General Manager** than for **Manager**). The experience must be relevant to finance and accounts functions, preferably in a large public sector undertaking or equivalent organization.
Age Limit:
The age limit for candidates applying for **MAHAGENCO F&A posts** will be defined in the official notification. For senior managerial positions like General Manager, the age limit often extends up to 50 or 55 years, while for Manager positions, the upper limit may be around 40 years. Age relaxation rules for candidates belonging to reserved categories (SC/ST/OBC) will apply as per Government of Maharashtra norms. Candidates should refer to the full notification for precise details on age calculation dates and relaxation rules.
Application Process: How to Apply Online
The application process for **MAHAGENCO Recruitment 2026** is completely online through the official MAHAGENCO recruitment portal. Candidates must follow the step-by-step procedure carefully to ensure successful submission.
Step 1: Registration and Official Notification Access
Before proceeding with the online application, candidates must first visit the official website of MAHAGENCO. Navigate to the careers or recruitment section and locate advertisement number 03/2026 for **Manager and General Manager positions**. Read the entire official notification thoroughly to understand all eligibility criteria, required documents, and application guidelines. The registration process begins by providing basic details like name, date of birth, email ID, and phone number to create a login ID and password.
Step 2: Filling the Online Application Form
Once registered, log in to the application portal using the generated credentials. Fill in all the details in the application form accurately. This includes personal information, educational qualifications, professional experience details (including specific work responsibilities), and other relevant information. Ensure all fields are correctly completed, as errors may lead to rejection during document verification.
Step 3: Uploading Documents and Photographs
Candidates are required to upload scanned copies of several essential documents. This typically includes a recent passport-size photograph, signature, and copies of educational certificates (CA/ICWA/MBA/M.Com degree), experience certificates, and caste certificates (if applicable). Ensure the images meet the specified size and format requirements mentioned in the instructions.
Step 4: Payment of Application Fee
The application process for **MAHAGENCO Recruitment** requires payment of a prescribed application fee. The fee amount generally varies based on the candidate's category (General/OBC/SC/ST). The payment can typically be made online through various methods such as debit card, credit card, or net banking. Candidates should retain the payment receipt for future reference.
Step 5: Final Submission and Printout
After successfully completing all sections and making the fee payment, review the entire application form one last time. Submit the form and take a printout of the final confirmation page. This printout serves as proof of application submission and may be required during the selection process.
Selection Process for Managerial Posts
The selection process for senior positions like **MAHAGENCO Manager Recruitment** and **General Manager vacancies** differs from entry-level positions. The focus is usually on evaluating the candidate's relevant experience and leadership skills through interviews. The exact selection methodology for the 21 posts under advertisement 03/2026 is expected to be as follows:
1. Shortlisting based on Qualification and Experience:
Given the specialized nature and high demand for these roles, candidates will first be shortlisted based on their educational qualifications (CA/ICWA/MBA) and the number of years of relevant experience in the finance sector. Higher qualifications and extensive experience will increase the chances of being shortlisted for the interview round. In some cases, if the number of applications is very high, a screening test might be conducted.
2. Personal Interview (PI):
Shortlisted candidates will be called for a personal interview. This interview panel typically consists of senior management personnel and finance experts from MAHAGENCO. The interview will assess the candidate's knowledge of finance, accounting standards, financial management, and leadership qualities. Candidates for **General Manager positions** will face more extensive interviews focusing on strategic thinking and decision-making capabilities.
3. Document Verification:
Following the interview, candidates provisionally selected will undergo document verification. This step involves checking the originality of all submitted documents, including educational certificates, experience letters, and identity proof. Any discrepancy found during verification may lead to disqualification.
Salary Structure and Career Progression
The **MAHAGENCO** offers competitive salaries and attractive benefits packages for managerial positions. The pay scale for **Manager** and **General Manager** posts is determined by the company's internal grading system, which aligns with standard PSU pay scales. The exact salary package for each grade (e.g., E5, E6, E7) will be specified in the official notification. In addition to a generous basic pay, selected candidates are also entitled to numerous benefits, including Dearness Allowance (DA), House Rent Allowance (HRA), medical benefits, performance-related pay (PRP), and other allowances as per company rules.
Career progression within MAHAGENCO for finance professionals is robust. An individual starting as a Manager can aspire to reach higher positions like Senior Manager, Deputy General Manager, and eventually General Manager, based on performance and experience.
Preparation Strategy for MAHAGENCO F&A Recruitment
Candidates preparing for the **MAHAGENCO Manager Recruitment 2026** should focus on strengthening their knowledge base and interview skills. For finance and accounts roles, a deep understanding of financial accounting standards, budgeting techniques, cost control mechanisms, tax laws, and risk management is crucial. Candidates should brush up on recent developments in corporate finance and government regulations related to PSUs.
For the personal interview, candidates should prepare to articulate their professional journey, specific achievements, and how their experience aligns with MAHAGENCO's mission. Understanding the current financial standing and key projects of MAHAGENCO can also be beneficial in demonstrating relevant interest and commitment during the interview.
The official notification provides further details on the specific syllabus or areas of focus for the interviews. Candidates should leverage all available resources, including past interview experiences of similar PSU recruitment drives, to prepare effectively for the **MAHAGENCO General Manager recruitment** process.
Important Links for MAHAGENCO Recruitment 2026
To access the application form and official notification for **MAHAGENCO Recruitment 2026**, candidates must visit the official website. The application process is generally facilitated through a dedicated online portal. Candidates should regularly check the official website for updates regarding exam dates, selection results, and further instructions.
| Description | Link |
|---|---|
| Official Website (MAHAGENCO) | Not Available (Check official MAHAGENCO portal) |
| Apply Online Link (Sarkari Result All) | Click Here |
| Download Official Notification (Sarkari Result All) | Click Here |
Frequently Asked Questions (FAQs) about MAHAGENCO Recruitment 2026
1. What positions are available in the MAHAGENCO Recruitment 2026?
The recruitment drive is for **21 posts** in the Finance and Accounts (F&A) department, primarily for senior roles including **Manager** and **General Manager**. Specific designations and grades will be detailed in the comprehensive official notification released by **MAHAGENCO**.
2. What are the key educational qualifications required for these positions?
Candidates must possess specific qualifications such as **CA (Chartered Accountant)**, **ICWA (Cost and Works Accountant)**, **MBA (Finance)**, or **M.Com (Master of Commerce)** from a recognized institution. The requirement varies based on the specific managerial level being applied for.
3. How can I apply for the MAHAGENCO Manager Recruitment 2026?
The application mode is entirely **online**. Candidates need to visit the official **MAHAGENCO** website, register on the recruitment portal for advertisement 03/2026, fill in the application form with personal and professional details, upload required documents, and pay the application fee online before the deadline.
4. What is the selection process for these F&A posts?
The selection process for senior managerial roles typically involves shortlisting based on educational qualifications and work experience, followed by a personal interview. A written exam might be conducted depending on the number of applications received for the **MAHAGENCO General Manager recruitment** drive.
5. Is there an age relaxation available for reserved categories?
Yes, age relaxation for candidates belonging to reserved categories (SC, ST, OBC) will be applicable as per the standard rules and regulations set by the Government of Maharashtra. The specific details regarding age limits and relaxation will be provided in the official notification.
6. When is the last date to apply for the MAHAGENCO Recruitment 2026?
The exact last date for application submission has not yet been announced in the initial notification. Candidates are advised to stay updated by regularly checking the official **MAHAGENCO** website and recruitment portals like Sarkari Result All for updates regarding the last date.
7. What salary can I expect from these MAHAGENCO F&A positions?
The salary for **MAHAGENCO Manager** and **General Manager posts** follows a standard PSU pay scale structure. The remuneration includes a competitive basic pay, along with additional benefits like Dearness Allowance (DA), House Rent Allowance (HRA), medical benefits, and other allowances as per company policy. The exact pay scale depends on the specific grade of the post.